![]() ![]() ![]() Even if the policy doesn’t give them exactly what they want, customers will appreciate knowing the terms in advance. Customer satisfaction – When customers know what to expect, and those expectations are met, overall customer satisfaction increases.A return policy benefits a small business in the following ways: ![]() Why does your business need a return policy? A return policy can save business owners, their employees and their customers (both traditional clientele and online shoppers) plenty of headaches by defining when and how items can be returned or exchanged. Without a return policy, there can be disagreements over when and what can be returned or exchanged at the store. A return policy lays out how long a customer has to return items, in what condition the items must be, if they need a receipt and whether they will receive cash or store credit. If you are looking at how to create a return policy, here are some of the basics it should include. What is a return and refund policy? A return and refund policy outlines the conditions under which customers can return or exchange items they have purchased. Who decides? If the store has a return policy, then the terms of any returns or exchanges are laid out clearly in advance, eliminating questions in the minds of customers and staff. Maybe the store will offer credit, or just maybe they will refuse the return entirely. What happens when a customer returns an item they’ve purchased? That depends on a lot of factors. If you buy something through our links, we may earn money from our affiliate partners. ![]()
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